Bryan Cave Charity Law

Charity Law

ARCHIVE

Main Content

IRS TEB Community Update

August 21, 2014

Categories

IRS TEB Community Update

August 21, 2014

Authored by: Keith Kehrer

What: Free webcast – Maintaining Tax Exempt Financing for Qualified 501(c)(3) Bonds

When: Tuesday September 9, 2014; noon (Eastern)

Learn about:

  • Private business use relative to 501(c)(3) organizations and their tax-advantaged financings.
  • Most common types of private business use, including: leases, management contracts, and research agreements.
  • Importance of compliance procedures related to private business use.
  • Only the law concerning tax-exempt bonds will be discussed.

What else: The IRS is offering 1 hour Continuing Education Credit (CE, formerly known as CPE) for this event. Please note to receive the credit you must attend at least 50 minutes of the presentation.

Register for this event. You will use the same link to attend the event.

IRS Exempt Organization Newsletter 2014-15

August 20, 2014

Categories

On August 20, the IRS released its Exempt Organization Newsletter, Issue Number 2014-15.

  • Register for IRS phone forum this Thursday: Essential Information for 501(c)(8) and 501(c)(10) Fraternal Organizations
  • IRS “Taxpayer Bill of Rights” Available in six languages; 10 Key Rights Outlined in Updated Publication 1
  • Register for EO workshops
  • Will the Senate Vote on Conservation Easements?

    August 14, 2014

    Categories

    the-capitol-4-1225800-mThe America Gives More Act of 2014 (the “Act”) includes several provisions about charitable deductions. Among those provisions are changes to the donations of conservation easements that would make permanent temporary provisions that terminated as of December 31, 2013. The Act would permit individuals and corporations to continue to take a deduction of up to 50% of their adjusted gross income and permit individuals and corporations to carryover the aggregate amount of the deduction for up to 15 succeeding years.

    The permanent provisions of Section 170 of the Internal Revenue Code only permit individuals and corporations to take a deduction up to 30% of their adjusted gross income and to carryover the aggregate amount of the deduction for up to 5 succeeding years.

    The Act was introduced May 22, 2014 by

    IRS Exempt Organization Newsletter : Special Issue

    August 12, 2014

    Categories

    On August 12, the IRS released a special issue of it’s Exempt Organization Newsletter.

    Register for IRS phone forum: Essential Information for 501(c)(8) and 501(c)(10) Fraternal Organizations

    Thursday, August 21

    • 2 pm, Eastern

    Topics include:

    • Explanation of organizations exempt under sections 501(c)(8) and 501(c)(10) of the Internal Revenue Code
    • Basic requirements for exemption under each of these sections
    • Differences between (c)(8) and (c)(10) organizations
    • Helpful resources for exempt organizations

    Register for this presentation.

    The attorneys of Bryan Cave LLP make this site available to you only for the educational purposes of imparting general information and a general understanding of the law. This site does not offer specific legal advice. Your use of this site does not create an attorney-client relationship between you and Bryan Cave LLP or any of its attorneys. Do not use this site as a substitute for specific legal advice from a licensed attorney. Much of the information on this site is based upon preliminary discussions in the absence of definitive advice or policy statements and therefore may change as soon as more definitive advice is available. Please review our full disclaimer.